The purpose of the Economic Development Administrator is to serve as an action-oriented project manager, proactively initiating cutting-edge economic development programs, executing the City of Dublin’s Economic Development strategic plan and supporting the City’s overall vision of being a global city of choice.read more
This position stewards the work outlined in the Community’s Economic Development Strategy. It is responsible for ensuring, facilitating, and promoting economic development to achieve a sustainable local economy for the Ravenna community. The position guides companies in establishing, relocating, or expanding their businesses within the Community. It advises, recommends, and collaborates with the City of Ravenna and Ravenna Township to advance economic development in the community.read more
Wilmington, OH – Five parties – the Clinton County Board of Commissioners, City of Wilmington, Wilmington Community Improvement Corporation, Clinton County Convention & Visitors Bureau, and the Clinton County Port Authority – have committed to launching a comprehensive, collaborative county¬wide economic development program. The initiative, with funding from all five organizations, will be facilitated and managed by the Clinton County Port Authority and will create a single point of contact for economic development activity, existing businesses, and those companies considering locating in Clinton County, Ohio.read more
For years, the Gulf Coast was recognized as the place in North America for energy investment. Today, energy investors are turning their gaze to Ohio.
As you know, Ohio sits atop much of the Utica and Marcellus shale formations, a source of vast amounts of natural gas. This has largely contributed to a rising interest from energy companies in investing in Ohio. These shale formations have brought about more investment opportunities, no matter where in the state companies choose to invest.read more
As a business owner, it’s not a matter of if you’ll need funding but when. So what options exist for financing?
As you start your business, it’s important to develop a relationship with a banker because this will be your advocate when it’s time to apply for a business loan. The banker will tell your story to the underwriter and help them to understand your need for financing and any hiccups you’ve had along the way.read more
As I’ve toured the Great Lakes Region and met with small businesses across Ohio, I’ve heard countless times about many not being able to grow (and sometimes sustain) because of their inability to find skilled workers to fill the job opportunities. Not only is this hurting the small businesses, it’s also affecting economic development.read more
Warren County Port Authority’s Ohio Communities Accelerator Fund Newly Created Fund Closes Its Tenth Transaction
The Warren County Port Authority (\VCPA) closed its tenth bond fund transaction on Thursday, June 13, 2019. The newly created Ohio Communities Accelerator Fund (OCAF) issued $390,000 of PACE (Property Assessed Clean Energy) bonds to partner with the City of Middletown, the Butler County Port Authority and the Community Building Institute to finance improvements for the Robert “Sonny” Hill Community Center. The anticipated upgrades to the facility will include improvements to indoor/outdoor lighting, new HVAC systems/controls and roof modernization. These improvements to the Robert “Sonny” Hill Community Center will enhance the mission to provide a safe and fun environment for people to engage in recreational activities, learn about educational opportunities and stay connected with the Middletown community.read more
Governor’s Budget Bill: The Biennial Operating Budget Bill (HB 166) was introduced in the House March 25 and under Ohio’s Constitution, must be signed by the Governor by June 30. The proposed budget appropriates total spending of $69.56 billion in FY 2020, an increase of 4.1% from the current budget, and $71.29 billion in FY 2021, or a 2.5% increase. A link to the full bill can be found at: https://www.legislature.ohio.gov/legislation/legislation-documents?id=GA133-HB-166 and the Legislative Service Commission’s Analysis is at: https://www.legislature.ohio.gov/download?key=11470&format=pdfread more
Governor’s Budget Bill: Governor DeWine announced details of his new two-year budget on Friday March 15. The actual budget bill will be introduced in the legislature shortly. The proposed spending outline for Fiscal Years 2020-2021 includes nearly $70 billion in General Revenue Fund and $150.4 billion in all funds appropriations. It includes a $500 million increase in public-school funding targeted to pay for services for at-risk students, a $900 million “H2 Ohio” water protection fund and $200 million on new initiatives aimed at addiction and mental health. The bill will significantly boost funding for the Ohio College Opportunity Grant and provide up to $15 million per year to provide “Micro-degrees” (industry credentials) at no cost to a minimum of 10,000 Ohioans, as long as they remain in Ohio after completion. Micro-degrees are low-cost credentials that take a student less than a year to complete and quickly qualify Ohioans to work in growing industries. State support for indigent defense would also increase under the proposal, from $30 million to $90 million, a move that will help counties who have had to bear the brunt of spending in this area. The bill does not cut or increase taxes, and spending increases are projected to be funded by increased revenues based on an expectation of slow but steady economic growth. Further details can be found at http://budget.ohio.gov/. Details about workforce and innovation proposals are at http://budget.ohio.gov/WorkforceInnovation.aspx.read more
JobsOhio: Governor Mike DeWine announced on March 13 that Richard J. “Rick” Platt of Newark (Licking Co.) has been appointed to the JobsOhio Board of Directors for a term beginning March 13, 2019, and ending July 5, 2019. Rick serves as the President and CEO of the Heath-Newark-Licking County Port Authority and has a broad background in economic development.
Governor’s State of the State Address: On March 5, 2019, Governor Mike DeWine (R) delivered his first State of the State address during a joint House and Senate session in the Statehouse. The Governor restated his administration’s top priorities, which include Children’s Initiatives, Opiate/Heroin Addition Prevention & Treatment, Lake Erie’s Water Quality, Economic Development/Workforce Development and Energy. He also called for all Ohioans to work together to move the state forward.read more
Governor Mike DeWine and the Board of Directors of JobsOhio announced February 14 that J.P. Nauseef has been selected as the next president and chief investment officer of JobsOhio. Mr. Nauseef will start the new role in March and replace John Minor, who had served since 2012. Mr. Nauseef is a former U.S. Air Force officer with experience in the public, private, and non-profit sectors and most notably was the president and CEO of the Dayton Development Coalition. More information is at: https://governor.ohio.gov/wps/portal/gov/governor/media/news-and-media/021419aread more
Goodbye Governor Kasich, Hello New Administration:
New Ohio Governor Mike DeWine and Lieutenant Governor Jon Husted were sworn in to office shortly after midnight on Monday, January 14. Ceremonial swearing-in events occurred at Noon at the Statehouse, and the inaugural ball occurred there the evening of January 14.
Ceremonies and receptions for others elected to statewide office (Attorney General Dave Yost, Secretary of State Frank LaRose, State Auditor Keith Faber and State Treasurer Robert Sprague) also occurred January 14.read more
Northeast Ohio Economic Development Exchange
Friday, June 28, 2019 from 9:30 AM to 4:00 PM (EDT)
If you are doing business with the federal government, you must meet certain cybersecurity compliance standards. A workshop at Ohio University will cover everything you and your business need to know to be compliant with the new federal regulations.